(Reuters) - The market capitalization of many tech firms surged in September, buoyed by a Federal Reserve rate cut that typically enhances future profits and cash flows for high-growth companies, and further fuelled by continued enthusiasm for artificial intelligence. Tesla's market value surged 22.2% last month to $834.4 billion by end-September, driven by record electric vehicle sales in China in...

06:30 AM EDT, 10/02/2024 (MT Newswires) -- FrontView REIT ( FVR ) said late Tuesday that it has priced its initial public offering of 13.2 million shares at $19 per share. FrontView REIT ( FVR ) said underwriters have a 30-day option to purchase up to 1.98 million additional shares at the same offering price, excluding underwriting discounts and commissions....

06:52 AM EDT, 10/02/2024 (MT Newswires) -- Canadian households and businesses received some good news on the insolvency front, said Bank of Montreal (BMO). Consumer insolvencies look to have steadied in recent months to August, close to pre-pandemic levels, noted the bank. Bankruptcies remain historically low, suggesting lenders are working with borrowers to ease the original terms of the agreement....

Oct 2 (Reuters) - Humana said on Wednesday the total members enrolled in its highly rated Medicare Advantage plans for people aged 65 years and above have reduced for 2025. The insurer has about 1.6 million, or 25%, of its members currently enrolled in plans rated 4 stars and above for 2025, down from 94% in 2024. (Reporting by Sriparna...